---
schema_version: "secwatch.filing_event.v1"
accession: "0001788230-25-000012"
form_type: "8-K"
ticker: "IPST"
cik: "0001788230"
company_name: "IP STRATEGY HOLDINGS, INC."
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T11:26:47.502451+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heritage Distilling enters $15M equity purchase agreement with C/M Capital, issues Series B Preferred

## Summary
- Entered securities purchase agreement to sell up to $15M common stock to C/M Capital Master Fund; issued warrant for 67,162 shares at $0.001.
- Issued $500K of Series B Preferred Stock (15% dividend, convertible after 180 days) immediately; another $500K after registration effective.
- Company may direct purchases at 95% of average VWAP or closing price; maximum $1M per fixed purchase, up to $2.5M per day.
- Proceeds to be used for raw goods, digital marketing, wholesale efforts, debt repayment, and general working capital.
- Certificate of Designation filed creating 750,000 shares of Series B Preferred; 50,000 issued initially.

## SEC filing metadata
- accession: 0001788230-25-000012
- form_type: 8-K
- ticker: IPST
- cik: 0001788230
- company_name: IP STRATEGY HOLDINGS, INC.
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788230/000178823025000012/0001788230-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788230/000178823025000012/cask-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001788230-25-000012
- JSON: https://secwatch.observer/filing/0001788230-25-000012.json
- Plain text: https://secwatch.observer/filing/0001788230-25-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.